Phrase guide

tax credit

noun · 2 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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No pronunciation record was provided for this word.

1

noun

Meaning 1

A tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe.

Definition source: English Wiktionary via Wiktextract

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

2

noun

Meaning 2

a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

Definition source: Princeton WordNet 3.0

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

Broader terms: decrease, diminution, reduction, step-down

History

Etymology

No etymology was provided for this word.

Across languages

Translations

4 source translations are retained for this English entry.

  • German: Steuergutschrift — Translations
  • Hungarian: adókedvezmény — Translations
  • Māori: tukunga tāke — Translations
  • Swedish: skattereduktion — Translations